Dear sir/ madam

I want to know if CARO applicability to a company has to be seen on a year to year basis?

If that is so a company was coming under the CARO reporting criteria and next year it does not fulfill the criteria, do we still need to prepare the CARO report?

whther a Practising CA can hold the office of an NGO as Secretary or President?
And if he is not the member of the NGO but his family members are office bearer then in such case Can that CA do Audit of the NGO?

Is there any change in the caro, 2003?
I have referred the site of MCA, where I have referred that there is a change in CARO but I cann't find the changed.
If yes than which caro is applicable for ca final exam Nov 2008?

what is meaning of sox audit and it applicable in India or not if applicable then which type of company?

Dear CA Club Audit Experts

If one company is incorporated in Sep 2007 .
Now my Quary is Can this company get the accounts Audited and file with ROC in March 2009 at one time for it’s first Audit for 1 ½ year ?


Sep 2007 to March 2008 – it will be 6 months(Year will be 07-08)
March 2008 to March 2009 –it will be 1 Year (Year will be 08-09)



Thanks

Deepika Tyagi

Prime CFO Management Pvt. Ltd.

primecfo@hotmail.com

i want to ask that as regards to gratuity provision,whether that fund has to bemanaged and if not managed through approved organisation etc..then whether any penalty is payable? what are the relevant provisions for the same??

Hello Friends,

I am doing an audit of newly incorporated company which is a subsidiary of a foreign company. They are recieving some money from the Holding Company before incorporation for certain preliminary expenses. And they are refunding that money after some months to their Holding Company. So whether they falls within the ambit of Section 269SS and Section 269SST

Hi Friends,

Please resolve my problem.
A company was newly formed and they are paying salary to their directors in cash exceeding Rs.20000 otherwise than by an account payee cheque and directors withdraw cash from the bank. Then it will attract disallowance of Section 40(A)(3) or not.

Sir,

We have make provision of expenses on 31-03-08 after deducting TDS.

The due date for making payment of TDS is 31-05-08. But we forgot to pay pay TDS can we now make payment today?

After making the TDS payment late whether the expenses can be claimed in the F.Y. 07-08?

Also tell me whether it is necessary to deduct TDS while making provision of Audit fees as on 31-03?

Please guide.